TMC the metals company Inc (TMC) — Tangible Net Worth Ratio
TMC the metals company Inc (TMC) has a Tangible Net Worth Ratio of 97.5% as of June 2025. This metric is calculated by deducting intangible assets ($2.04 Million) from net assets ($81.86 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See TMC the metals company Inc (TMC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TMC the metals company Inc Tangible Net Worth Ratio (2019–2023)
This chart shows how TMC the metals company Inc's Tangible Net Worth Ratio has changed across 5 annual periods from 2019 to 2023. As of June 2025, the ratio stands at 97.5%, reflecting net assets of $81.86 Million with intangible assets of $2.04 Million USD. See TMC the metals company Inc (TMC) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for TMC the metals company Inc (2019–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for TMC the metals company Inc from 2019 to 2023, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see TMC stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 85.0% | $10.92 Million | $1.64 Million | $68.90 Million | ▼ -15.0 pp |
| 2022 | 100.0% | $41.51 Million | $0.00 | $94.78 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $92.75 Million | $0.00 | $133.12 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $36.25 Million | $0.00 | $54.69 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $8.19 Million | $0.00 | $18.32 Million | — |